SALES AND LICENSE AGREEMENT FOR DIGITAL ARTWORK NFTs OF SYNTHETICA DREAMS

Preamble: The Seller is the creator and owner of the copyright of the digital artworks associated with the Non-Fungible Tokens (NFTs) listed in this agreement. The Buyer wishes to acquire such NFTs under the terms and conditions set forth below.

  1. Object of the Contract: This contract pertains to the sale and transfer of copyright rights related to the NFTs of the Synthetica Dreams brand, each representing a specific digital artwork created by the Seller. This agreement applies to all current and future collections under the Synthetica Dreams brand.
  2. Transfer of Copyright: Upon the sale, the Buyer will receive exclusive rights to reproduce, distribute, publicly display, and create derivative works based on the digital artwork associated with the purchased NFT, for personal and commercial use on a global scale. The copyrights of the artwork are fully transferred to the Buyer.
  3. Royalty Rights: Despite the transfer of copyright, the Seller retains the right to receive royalties from every secondary sale of the NFT, as programmed in the smart contract of the NFT in accordance with the ERC-2981 standard or similar. Royalties may vary and can be changed or removed by the Seller at any time without prior notice.
  4. Non-transferability of Royalty Rights: The right to receive royalties is retained by the original creator (Seller) and is non-transferable to subsequent owners of the NFT. However, the Seller reserves the right to redirect the royalties to a different recipient, including a smart contract, at their discretion. The Seller also retains the right to take back the right to receive royalties at any time.
  5. Transfer of the NFT: The transfer of the NFT to the Buyer and its ownership are managed by the smart contract related to the NFT for sale.
  6. Limitations: The Buyer may not use the digital artworks in a manner that violates applicable laws or the rights of third parties, including, but not limited to, privacy rights and rights of image. Any illegal use of the digital artworks is strictly prohibited.
  7. Irreversibility of Transactions: All sales are final and non-refundable. Transactions on the blockchain are irreversible and cannot be reverted. The Buyer acknowledges and accepts this condition.